Confiscated property in Cuba? You might have a case

Monday, April 22, 2019
 | 
Chad Groening (OneNewsNow.com)

Cuba flagAn anti-Castro activist is praising President Trump for finally enforcing a 1996 provision that puts teeth into the Cuban embargo.

The Trump administration has announced that it will allow lawsuits against foreign firms doing business in properties seized from Americans after Cuba's 1959 revolution. The European Union warns that it stands ready to protect the interests of people doing business in Cuba who might be hit with a lawsuit.

Humberto Fontova, an author and Latin American expert who escaped Fidel Castro's Cuban regime in 1961, says Trump is willing to do what other presidents have been afraid to do.

Fontova, Humberto"There was a provision in the Helms-Burton Act of '96 that Americans would be able to sue those European companies, Canadian companies that took over their stolen properties in Cuba, but that provision has been waived until Trump," Fontova tells OneNewsNow. "And so it looks like what a lot people call the Cuban embargo is finally going to get some teeth."

Presently it is unclear who will be able to sue.

"It looks like you had to have been a U.S. citizen at the time of these confiscations in 1960," the author notes. "It's not clear yet whether Cubans who subsequently became American citizens will be able to sue."

Fontova says this policy has already put "the fear of God" into those European and Canadian companies who could be the targets of lawsuits.

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